Grupo Aval Acciones y Valores S.A. (NYSE:AVAL) Short Interest Up 26.2% in August

Key Points

• Short interest in Grupo Aval Acciones y Valores S.A. increased by 26.2% in August, with a total of 173,700 shares shorted as of August 31st.
• The company's stock is currently trading at $3.23, slightly down 0.6%, with a market capitalization of $3.84 billion and a P/E ratio of 10.43.
• Grupo Aval recently announced a monthly dividend of $0.0115 per share, reflecting an annualized yield of 4.3% with a payout ratio of 35.48%.

Grupo Aval Acciones y Valores S.A. (NYSE:AVAL - ) saw a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 173,700 shares, a growth of 26.2% from the August 15th total of 137,600 shares. Based on an average trading volume of 98,500 shares, the short-interest ratio is presently 1.8 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 98,500 shares, the short-interest ratio is presently 1.8 days.

Grupo Aval Acciones y Valores Trading Down 0.6%

AVAL traded down $0.02 during midday trading on Wednesday, hitting $3.23. 43,638 shares of the company were exchanged, compared to its average volume of 38,258. The firm has a market capitalization of $3.84 billion, a P/E ratio of 10.43 and a beta of 0.81. Grupo Aval Acciones y Valores has a 1-year low of $1.96 and a 1-year high of $3.49. The firm's 50 day moving average price is $3.11 and its 200-day moving average price is $2.89. The company has a quick ratio of 0.99, a current ratio of 0.99 and a debt-to-equity ratio of 0.72.

Grupo Aval Acciones y Valores Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, March 9th. Shareholders of record on Friday, February 27th will be issued a dividend of $0.0115 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a c) annualized dividend and a yield of 4.3%. Grupo Aval Acciones y Valores's payout ratio is presently 35.48%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Banco BTG Pactual S.A. raised its position in shares of Grupo Aval Acciones y Valores by 172.8% in the 1st quarter. Banco BTG Pactual S.A. now owns 93,160 shares of the bank's stock worth $254,000 after acquiring an additional 59,006 shares in the last quarter. Stokes Family Office LLC raised its position in shares of Grupo Aval Acciones y Valores by 51.5% in the 2nd quarter. Stokes Family Office LLC now owns 62,129 shares of the bank's stock worth $175,000 after acquiring an additional 21,129 shares in the last quarter. Marshall Wace LLP raised its position in shares of Grupo Aval Acciones y Valores by 73.6% in the 2nd quarter. Marshall Wace LLP now owns 60,733 shares of the bank's stock worth $171,000 after acquiring an additional 25,753 shares in the last quarter. Dauntless Investment Group LLC bought a new position in shares of Grupo Aval Acciones y Valores in the 1st quarter worth about $161,000. Finally, Jane Street Group LLC bought a new position in shares of Grupo Aval Acciones y Valores in the 2nd quarter worth about $155,000. 0.21% of the stock is owned by institutional investors and hedge funds.

About Grupo Aval Acciones y Valores

Grupo Aval Acciones y Valores SA provides a range of financial services and products to public and private sector customers in Colombia and Central America. It offers traditional deposit services and products, including checking accounts, savings accounts, time deposits, and other deposits. The company also provides commercial loans comprising general purpose loans, working capital loans, leases, loans funded by development banks, corporate credit cards, and overdraft loans; consumer loans, such as payroll loans, personal loans, automobile and other vehicle loans, credit cards, overdrafts, leases, and general purpose loans; and microcredit and mortgage loans.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.